Best AED To USD Exchange Rates - Compare HSBC & Save - BER
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What is the HSBC Send Money conversion rate for AED to USD?
The HSBC AED to USD exchange rate is 0.2573. This is -5.5% compared to the latest AED-USD mid-market rate 0.2723.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare United Arab Emirates dirham (AED) to US dollar (USD) rates from different sources before making a conversion.
The above HSBC - United Arab Emirates dirham to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest AED-USD mid-rate and the possible savings of using various providers.
How do HSBC AED-USD rates compare between providers?
Looking at the full AED to USD - Send Money comparison table the provider with the best AED to USD exchange rate is XE at 0.2707, -0.59% from the latest mid-market rate 0.2723.
The next best is Wise at 0.2627, -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.2543 at -6.6% the HSBC rate is 0.2573 at -5.5% and the Citibank rate is 0.2584 at -5.1% compared to the mid-rate 0.2723.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
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